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A Bears' Dream: Millionaires Predict A Bubble Will Come To The Market Soon

  • Writer: The Money Trade
    The Money Trade
  • Jan 19, 2021
  • 1 min read

Millionaires predict that a bubble will come the stock market soon. Some believe it's here already. Despite what folks think about Trump, he had the American economy on a strong path. I agree this man is not fit to be a president. A person can't be the president and not have a social bone in his body. Personally, I'm not into politics, but do pay attention because it affects the market. Trump is a capitalist, and the people on Wall Street are his buddies.


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Bubbles or market crashes are imminent. It's apart of the process. Last year was a strange market because of a pandemic shutdown, small businesses had to suffer, but yet the Dow Jones, NASDAQ, and S&P 500 did exceptionally well. The Bull run for 2020 dominated the market. People like myself made money during the pandemic. Bears had their moments, but could nothing stop the momentum of

Bulls.


I've stated in other Blogs that now is not the time to be sexy, or taking high risk in this market given the ingredients of 2020. The ingredients of 2020, pandemic, small businesses trouble, unemployment, layoffs, and job loss normally will produce a market crash, but it didn't happen. So the bubble has been hovering our heads for a while so millionaires are restructuring their portfolios.


I advise my followers to stay put. I chose to hold during the presidential election. The market will shift with President Biden just because his difference in opinions on policies.




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Check out "Investing 101 Webinar" on Eventbrite! Date: Thu, Jan 28, 8:30 PM https://www.eventbrite.com/e/investing-101-webinar-tickets-133780682623


Here's more news about the bubble

https://www.google.com/amp/s/www.cnbc.com/amp/2021/01/17/the-wealthy-are-investing-like-market-bubble-is-here-or-at-least-near.html

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